Taipei, European Union (EU) officials concluded a visit to Taiwan on Wednesday to review the country's efforts to curb illegal fishing and will report in a month's time on whether a "yellow card" warning should be lifted, the Council of Agriculture (COA) said Wednesday.
It has been two and a half years since the EU issued a "yellow card" warning to Taiwan for insufficient cooperation on combating illegal, unreported and unregulated (IUU) fishing, according to the COA.
Over the past two years, the COA said, it has fulfilled the EU's requirements on improving regulations, regulatory enforcement, and management of Taiwan's distant water fishing industry and has maintained frequent contact with EU via video conferencing and document sharing.
Meanwhile, EU officials have been visiting Taiwan twice a year to see whether improvements are being made, the COA said.
On their current trip March 13-21, EU officials said they recognized Taiwan's efforts to improve its legal framework, fishing industry supervision, monitoring and management, traceability systems for fishery and aquaculture products, and international cooperation, the COA said.
The officials also commended Taiwan for establishing a technologically advanced 24-hour fisheries monitoring center in February 2017, according to the COA.
The EU is likely to lift the yellow card if it determines that the problematic issue have been resolved and may issue a red card if they are not.
A red card could lead to a ban on Taiwan's fishery products being exported to the EU, potentially resulting in an estimated NT$7 billion (US$243.6 million) per year in losses, according to the COA.
Source: Focus Taiwan News Channel
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